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Caption: Board of Trustees Minutes - 1978
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1978] UNIVERSITY OF ILLINOIS 549 23 College of Law Juris Doctor School of Social Work Bachelor of Social Work Total, Degrees Conferred at Urbana-Champaign Campus 9 1700 ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Howard called attention to the schedule of regular meetings for the next three months: March 15, Urbana; April 12, Medical Center; May 17, Chicago Circle. He also announced that an executive session had been requested and would be convened after the meeting to consider a report on acquisition of property. RECESS AND EXECUTIVE SESSION Following a short recess, the board reconvened in executive session and considered the following item of business: Purchase and Lease of Land, Allerton Endowment Farms (30) The University acquired the "Amenia" grain elevator improvements as a part of the Allerton endowment farms. (The improvements consist of a grain elevator and two bins with a capacity of 50,000 bushels of grain.) A major portion of the improvements is located on the Illinois Central Gulf Railroad right-of-way and the balance on Allerton endowment farmland. The University has been leasing the right-of-way for several years. Inasmuch as the University no longer ships grain from this area by rail, it is desirable for the institution to guarantee its right to continued use of the grain storage facilities. The railroad has agreed in principle to sell land to within twenty-five feet of the centerline of its main tracks and to lease to the University the balance of the land on which the improvements are located. The president of the University, with the concurrence of appropriate administrative officers, recommends entering into agreements with the Illinois Central Gulf Railroad Co. for the purchase of approximately 3,500 square feet of right-ofway at a price of $1,050 (30^/square foot); and for the lease, at a nominal charge, of approximately 86 square feet of land. T h e lease would continue so long as the University occupies the land for the operation of the elevator facility. Funds are available in the Allerton farms operation account. The student advisory vote was: Aye, Miss Conlon, Mr. Overstreet, Miss Winter; no, none. On motion of Mr. Lenz, this recommendation was approved by the following vote: Aye, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Thompson. There being no further business, the board adjourned. EARL W. PORTER GEORGE W. HOWARD III Secretary President
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